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14,000 once again. they are up 122 points and the counting today. >>> president obama is asking congress to head off automatic spending cuts that could hurt the economy if they kick in as scheduled march 1. the president is proposing the smaller budget deal now and a bigger one later. danielle nottingham has the latest from washington. >> reporter: president obama is calling on congress to come up with billions in spending cuts as a short-term fix to stop massive automatic across-the- board cuts set to take effect in less than a month. >> our economy right now is headed in the right direction. and it will stay that way as long as there aren't any more self-inflicted wounds coming out of washington. >> reporter: last year congress and the president signed off on the automatic cuts to force themselves to deal with the nation's skyrocketing debt. the original deadline was january 1. and when they couldn't reach a larger budget deal then, they postponed it to march 1. the white house wants another short-term fix to head off a hit to the fragile economy and give lawmakers more time t
initially believed to be animal bones. >>> the obama administration is defending a justice department memo that authorized drone of attacks against americans working with terrorists overseas. the memo says such actions are legal under three conditions. if the suspect is engaged in planning operations to kill americans, if it's not possible to capture the suspect before an attack, and if the operation follows u.s. laws and war principles. >> these strikes are legal. they are ethical and they are wise. >> critics say such an attack would violate the constitutional rights of an american terror suspect to trial by jury. so far there's only one known case of an american targeted with a drone strive, anwar al- awlaki in yemen back in 2011. >>> east bay, chopper 5 is over the house fire in berkeley we told you about at the top of the news. this is at 1179 keith avenue in the berkeley foothills. as you can see, still engulfed. we have been watching the smoke pour from the second story of this home for the last several minutes. flames are shooting from the roof. firefighters now on the scene.
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